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Business 22 Feb 2003 | 12:00 AM

AKN Messaging’s great calling

THESE days seeing a person frantically punching on a keypad of a mobile phone, sending or receiving short messages via SMS (short messaging service), is quite common. The relatively low cost of using SMS and the speed at which the message can be conveyed make it an appealing alternative to making calls.

Business 22 Feb 2003 | 12:00 AM

SGX records higher 2nd quarter net profit of S$12.39mil

SINGAPORE Exchange Ltd (SGX) said yesterday that uncertainty in the equity market hit trading volumes in its fiscal second quarter, but its net profit showed a year-on-year increase because a one-off provision had hurt its bottom line the year before.

Business 22 Feb 2003 | 12:00 AM

Telstra and PCCW slash value of joint venture

PCCW Ltd, which is controlled by Hong Kong tycoon Richard Li, and Australia#8217;s Telstra Corp Ltd have slashed US$1.65bil off the value of their undersea-cable joint venture as reduced demand and pricing competition hit revenues.

Business 22 Feb 2003 | 12:00 AM

Master in business and chess

TAKE it from the master. Nothing happens by chance, not in the corporate world, not on the chessboard, not on the racing circuit and certainly not on the golf course. Not for Datuk Tan Chin Nam, the patriarch of the Tan family who controls IGB Corp Bhd.

Business 22 Feb 2003 | 12:00 AM

DBS posts surprise 1.9% rise in 2002 net profit

SINGAPORE'S DBS Group Holdings Ltd reported a surprise 1.9% rise in 2002 net profit yesterday despite setting aside more money than expected for possible bad loans because of the weak economy.

Business 22 Feb 2003 | 12:00 AM

Winners and losers of a weak dollar

UNCERTAINTY is clearly still very much the order of the day in 2003 and that in a nutshell is driving down the US dollar.

Business 23 Feb 2003 | 12:00 AM

What a kick from that flying boot

BY TAN KAH PENG

Business 24 Feb 2003 | 12:00 AM

F&NCC sees robust growth with MD's foresight

F N Coca-Cola (M) Sdn Bhd (FNCC) managing director Ng Jui Sia is a man with a vision. He intends to make FNCC into a world-class total beverage company.

Business 25 Feb 2003 | 12:00 AM

Standard Chartered eyes more tie-ups in China

Standard Chartered Bank (StanChart) is in talks with several mainland China banks about business tie-ups after securing a partnership with state-owned Bank of China.

Business 25 Feb 2003 | 12:00 AM

S&P maintains ratings

Standard Poor's Ratings Services#8217;s AA- ratings on HSBC Insurance (Asia) Ltd, HSBC Life (International) Ltd, HSBC Medical Insurance Ltd and its A+ rating on Hang Seng Life Ltd remain unchanged after HSBC Insurance (Asia-Pacific) Holdings Ltd's S$155mil purchase of Singapore-based Keppel Insurance Pte Ltd. #8220;The acquisition is a strategic move by HSBC Insurance (Asia-Pacific) to enhance both its life and non-life insurance operations in Singapore.#8221; #8211; AFX